taxes
Qandil: No upcoming Cabinet reshuffle
Egypt
December 11, 2012
Qandil: No upcoming Cabinet reshuffle
Prime Minister Hesham Qandil denied on Tuesday reports of an upcoming Cabinet reshuffle, stressing that the economic situation has become…
Presidential spokesperson blames tax debacle on political tension
Egypt
December 10, 2012
Presidential spokesperson blames tax debacle on political tension
“Mistakes happened over the past few days due to political conflicts,” presidential spokesperson Yasser Ali said Monday, referring to President…
Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol
Business
December 9, 2012
Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol
New public tax laws on a broad array of products and services were technically entered into force on Friday, as…
Report: Experts draw up government economic reform plans
Business
October 21, 2012
Report: Experts draw up government economic reform plans
Experts have drawn up proposals for tax and energy subsidy changes and will present them to Egypt's Cabinet on Sunday,…
Ministry mulls increasing mobile phone taxes
Egypt
October 11, 2012
Ministry mulls increasing mobile phone taxes
The Communications and Information Technology Ministry is considering increasing the 15 percent sales tax on mobile phone users, Minister Hany…
State to speed up collection of billions in back taxes
Business
June 5, 2012
State to speed up collection of billions in back taxes
Finance Minister Momtaz al-Saeed announced Tuesday that he has ordered the Egyptian Tax Authority to implement legal changes to help…
Finance minister: Tax proceeds rise by 10%
Business
April 9, 2012
Finance minister: Tax proceeds rise by 10%
Tax proceeds totaled LE115.4 billion from July 2011 to March 2012, Finance Minister Momtaz al-Saeed has said, adding that the…
Half of Zurich’s foreign millionaires left after tax change
World
March 17, 2012
Half of Zurich’s foreign millionaires left after tax change
The region of Zurich, the home of Swiss banking, has lost nearly half its foreign millionaires two years after scrapping…
Mubarak sons face tax evasion charges
Egypt
March 7, 2012
Mubarak sons face tax evasion charges
Former President Hosni Mubarak’s sons, Alaa and Gamal, are being questioned over accusations of tax evasion, judicial sources have said.…